(EnergyAsia, June 6) — Reflecting a change in their oil-buying habits, Asian governments are stepping up their programmes to build up emergency oil stockpiles despite record high oil prices. Where in the past the governments of China, Japan and Korea would stay away from the buying frenzy, they are now calling for increased stock building….
ASIA: Race to build up oil stockpile; IEA tells Australia, New Zealand to stock up
Posted on June 6, 2006 by EnergyAsia